Realtor

Rent prices in Tampa Bay, other Fla. cities, fall for the first time since the pandemic

TAMPA, Fla. — The Realtor.com® May Rental Report found renters are beginning to see some relief, with the median asking monthly rent in the 50 largest US metros decreasing -0.5% year-over-year to $1,739.

Rent in the Tampa Bay area saw a decline of -4.0%, while there was a -2.3% decline in the Orlando-Kissimmee-Sanford area.

Nationally, rent prices increased $3 from last month but were down $38 from the July 2022 peak. Realtor.com®’s 2023 Forecast Update predicts that rents will continue to drop, averaging -0.9% from 2022.

“In May, we saw the first year-over-year decline in rents, a sea-change from the

Realtor

4 Ways to Leverage the Power of Opportunity Cost for Better Time Management

In our fast-paced lives, it’s easy to get caught up in the hustle and bustle and lose sight of what’s most important without having a balanced life. In business and life, we’re constantly bombarded with choices about how to best use our time, energy, and resources. In this article are 4 ways to leverage the power of opportunity cost for better time management.

As you consider how to find a balance, there’s a significant mindset shift that is often overlooked but needs to be considered… and it’s called opportunity cost.

Opportunity cost is the idea that every choice we make

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The Sunk Cost Fallacy – Passive Income MD

None of us can be the hypothetical Homo Economicus who makes only rational decisions. Instead, we must contend with the sunk cost fallacy. Here’s all you need to know about it.

PIMD welcomes the White Coat Investor. WCI is a physician-specific personal finance and investing website. The White Coat Investor can help you to become financially literate and disciplined, which will allow you to spend your time and effort on your patients, your family, and your own wellness. WCI truly believes that a financially secure doctor is a better partner, parent, and practitioner. White Coat Investor is an affiliate partner

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Realtor may have accepted $3M offer for Washington, DC property linked to Sam Bankman-Fried

An unidentified buyer or buyer could soon own a property previously linked to defunct cryptocurrency exchange FTX and its former CEO, Sam Bankman-Fried, in Washington, DC’s Capitol Hill neighborhood.

According to an updated posting on Realtor.com, the DC property was listed as “contingent,” suggesting that the party handling the deal has accepted an offer but the transaction was not yet finalized. The townhouse located near the United States Capitol building was reportedly owned by Guarding Against Pandemics, a nonprofit organization established by Gabriel Bankman-Fried, brother of the former FTX CEO.

Cointelegraph reported in January that the property had been removed

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6 Summer Reads for 2023 on Money, Mindset, and Meaningful Relationships

Are you ready to embark on a journey of personal growth with a summer reading list? In this post I will review my top 6 book picks for Summer 2023 that promise to revolutionize your perspectives on money, mindset, and meaningful relationships. As a physician-turned-real-estate-investor, I’ve learned that a well-chosen book can be a game-changer, the deep insights and wisdom that books offer are unparalleled.

You might wonder why you should even bother picking up a book when information is readily available at our fingertips. In our fast-paced, short-attention-span society, why opt for something as traditional as books? It’s quite

Realtor

Chiefs star Patrick Mahomes has put KC home up for sale. Take a look inside the house

A year ago, Chiefs quarterback Patrick Mahomes mentioned on a talk show that he was building a new home in Kansas City.

The work must be finished at the new Casa Mahomes, because he has put his other home on the market.

The three-bedroom, 3 1/2-bath house is 4,759 square feet and sits on a 1.4 acre lot, according to Realtor.com. It’s being sold for $2.9 million.

Here is a description from Realtor.com: “Right off of Country Club Plaza, this stunning ranch style home is in the sought after subdivision of Sunset Hill. Sitting on over an acre of land,

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The housing market faces a ‘chicken and egg’ problem that could mean home prices start to fall

home for sale

Getty Images / Scott Olson

  • The US housing market faces a chicken and egg problem, according to Realtor.com.

  • High mortgage rates are deterring buyers and sellers who don’t want to swap out the low rates they previously locked.

  • New home listings dropped 22.7% in May as many sellers and buyers stayed put, but home prices could start falling.

Realtor.com pointed out the “chicken and egg” problem plaguing the housing market right now: High mortgage rates are keeping both home buyers and sellers sidelined, with the former reluctant to spend and the latter unwilling to part ways from the lower rates

Realtor

We’re entering a brutal new era for the housing market

Housing market turned upside down

With the benefit of hindsight, we now know the exact moment America’s housing market turned upside down.Arif Qazi / Insider

If you don’t already own a home, you’re going to be screwed for years to come

Attempting to time the housing market is a foolish pursuit. Sure, there are heaps of data, forecasts, and market experts who can offer theories on where home prices or borrowing rates are headed. But no amount of tea-leaf reading can spare you from this harsh reality: Homebuying is ultimately a coin toss. If you’re very lucky, you buy a home right before prices